How does the type of car affect my auto insurance rates?

Thursday, May 28th, 2009

How does the type of car affect my auto insurance rates?

The type of car you drive can affect insurance costs

The type of car you drive can also affect your auto insurance costs. The cost of your insurance policy is determined in part by the car’s price, repair costs, safety record of the make and model and the likelihood of theft.

Before purchasing your new car, take into account that some makes and models of cars are more commonly targeted by thieves and thus have higher auto insurance premiums.

Cars that are favorite targets for thieves cost more to insure. Information on which make and model of cars are more apt to get stolen is provided by the Insurance Institute for Highway Safety. You can also find crash test ratings and other consumer information about various types of cars there.

See also:



One Response to “How does the type of car affect my auto insurance rates?”


  • Mona Nelson Says:

    We are looking into buying or leasing new car, is the insurance differant in each case?




Comment on this FAQ










Consumers putting their money in different places now

Insurance News

Consumers putting their money in different places now

A recent report from credit giant TransUnion took a look at where people are now putting their money and had some interesting findings. Read more



Insurance Tips

Ask about multiple policy discounts

Saving money on your insurance costs could be as simple as asking a question. Does your insurance company offer multiple policy discounts? Read more



you are here ›› homefaqauto insurance
Frequently Asked Questions - Auto Insurance